Summary
BTC experienced a drop to $64,500 but has since bounced back above $67,000. Heavy BTC put selling indicates that fear has dissipated and investors are willing to buy the dip.
Key Points
1. BTC experienced a drop to $64,500 lows over the weekend, causing a mix of fear and greed among investors.
2. BTC has since rebounded above $67,000, with heavy put selling indicating that fear has dissipated and investors are willing to buy the dip.
3. The market sentiment towards BTC has shifted from fear to optimism, as evidenced by the bounce back in price and increased buying activity.